Given the following income statement and balance sheet data, select which items would be included in presenting the cash flow from operating activities section of the statement of cash flows using the Indirect method: Income Statement ($ millions) 2019 Sales $30,000 Less: Cost of goods sold 18,500 Gross profits 11,500 Less: Cash operating expenses 7,200 Less: Depreciation expense 350 Less: Amortization expense 120 Operating profits (EBIT) 3,830 Less: Interest expense Equity in earnings (loss) of affiliate 60 Gain (loss) on sale of fixed assets (90) Earnings before tax expense 3,600 Income tax expense 800 Net Income $2,800 200 2019 $700 Balance Sheet (5 millions) Cash & equivalents Net receivables Inventories Prepaid expenses Total current assets Net property, plant, and equipment Investments in affiliates Goodwill Other long-term assets Total assets 2019 2018 Change $400 $500 ($100) 5,000 4,300 12,700 12,300 $400 750 780 (530) 18,850 17,880 9,630 8,750 $880 180 170 $10 350 300 $50 990 900 $90 $30,000 $28.000 2018 Change Accounts payable $2,440 $2,280 $160 Other accrued expenses 2,060 2,260 ($200) Short-term debt 270 340 ($70) Other current liabilities 420 470 ($50) Total current liabilities 5,190 5,350 Long-term debt 7,650 7,510 $140 Deferred taxes 1,540 1.460 $80 Other long-term liabilities 2,740 2,600 $140 Total stockholders' equity 12,880 11,080 $1,800 Total liabilities and equity $30,000 $28,000 OOOOOOOOOOOOOOOOOOOOO Add-back depreciation expense of $350 subtract depreciation expense of $350 add-back amortization of Intangible assets of $120 subtract amortization of Intangible assets of $120 add change in receivables of $700 subtract change in receivables of $700 add change in Inventories of $400 subtract change in inventories of $400 add change in prepaid expenses of $30 subtract change in prepaid expenses of $30 add change in other long-term assets of $90 subtract change in other long-term assets of $90 add change in accounts payable of $160 subtract change in accounts payable of $160 add change in accrued expenses of $200 subtract change in accrued expenses of $200 add change in deferred taxes of $80 subtract change in deferred taxes of $80 add-back interest expense of $290 add loss on sale of fixed assets of $90 subtract loss on sale of fixed assets of $90